Economic and market outlook - 22 April 2020
The European Steel Association publishes quarterly economic reports assessing the state of the industry.
Economic press release: Volatility defines steel markets in 2019; challenges continue into 2020 even as demand stabilises - 30 January 2020
Brussels, 30 January 2020 – Apparent steel consumption fell by 3.1% year-on-year in the third quarter of 2019, a slight moderation compared to the drop recorded in the second quarter (-6.7%). The ongoing negative trend in steel demand is the result of the continued slump in EU’s manufacturing sector due to weakened exports and investment that has become more pronounced during the second and third quarter of 2019. Leading indicators suggest that the downturn continued in the remainder of 2019, albeit with some signs of stabilisation. No significant rebound is forecast before the second half of 2020.
